Venture Capitalists Hope
Improvement Continues

By

Ann Grimes Staff Reporter of THE WALL STREET JOURNAL

Updated Oct. 1, 2003 11:59 p.m. ET

(See Corrections & Amplifications item below.)

The mood among venture capitalists continued to remain cautiously optimistic in the third quarter, buoyed by stock-market gains, a handful of successful initial public offerings of shares, and an uptick in corporate acquisitions of venture-backed companies.